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tigers1956
LSU Fan
baton rouge
Member since Oct 2008
1975 posts

oil stocks...which one would you buy for the long term and why
Exxon
Shell
Bp


iAmBatman
USA Fan
The Batcave
Member since Mar 2011
7726 posts

re: oil stocks...which one would you buy for the long term and why
250 THOUSAND


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notiger1997
Metairie
Member since May 2009
38277 posts

re: oil stocks...which one would you buy for the long term and why
Royal Dutch Shell


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50
crazycubes
Member since Jan 2016
4091 posts

re: oil stocks...which one would you buy for the long term and why
Denbury: they do CO2 injection for oil recovery , there is a ruling coming out that will pay a subsidy for injecting CO2 and no royalty for CO2 recovery oil production.
This post was edited on 2/23 at 8:55 am


GREENHEAD22
LSU Fan
LafayettebywayofBush
Member since Nov 2009
12207 posts
 Online 

re: oil stocks...which one would you buy for the long term and why
Really, I haven't seen this.

They along with Chesapeake are on my risky play watch list.


TexasTiger1984
LSU Fan
Houston
Member since Sep 2009
974 posts

re: oil stocks...which one would you buy for the long term and why
quote:

Denbury: they do CO2 injection for oil recovery , there is a ruling coming out that will pay a subsidy for injecting CO2 and no royalty for CO2 recovery oil production



I work for the EOR division of an oil company. Stay away from Denbury, they are close to collapse. They just sold some real estate (not acreage) to help fund operations. They're a sinking ship.
This post was edited on 2/23 at 9:36 am


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80
castorinho
Oklahoma Fan
13623 posts
Member since Nov 2010
51531 posts

re: oil stocks...which one would you buy for the long term and why
quote:

Denbury: they do CO2 injection for oil recovery , there is a ruling coming out that will pay a subsidy for injecting CO2 and no royalty for CO2 recovery oil production.
have a soft spot for denbury as I interned for them almost ten years ago, but I wouldn't invest in them right now


TexasTiger1984
LSU Fan
Houston
Member since Sep 2009
974 posts

re: oil stocks...which one would you buy for the long term and why
quote:

have a soft spot for denbury as I interned for them almost ten years ago, but I wouldn't invest in them right now


What type of work do you do


FredsGotSlacks
LSU Fan
Baton Rouge
Member since Mar 2008
573 posts

re: oil stocks...which one would you buy for the long term and why
Exxon and Anadarko are the 2 that I’m holding. I’ve also have small amounts of Superior (SPN) and precision drilling (PDS) but I got those super cheap.


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castorinho
Oklahoma Fan
13623 posts
Member since Nov 2010
51531 posts

re: oil stocks...which one would you buy for the long term and why
Reservoir engr back then but now I'm in midstream


b-rab2
LSU Fan
Lafayette
Member since Dec 2005
11583 posts

re: oil stocks...which one would you buy for the long term and why
How do you like the midstream business?


TheIndulger
LSU Fan
Member since Sep 2011
17812 posts

re: oil stocks...which one would you buy for the long term and why
quote:

Denbury: they do CO2 injection for oil recovery , there is a ruling coming out that will pay a subsidy for injecting CO2 and no royalty for CO2 recovery oil production


What do you mean by no royalty? I doubt they would get out of paying the landowners royalties


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jeffereycole
LSU Fan
Gallup, New Mexico
Member since May 2012
142 posts

re: oil stocks...which one would you buy for the long term and why
I'm considering WPX my advisor has some


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Monticello
BYU Fan
Member since Jul 2010
16197 posts

re: oil stocks...which one would you buy for the long term and why
I would rank those three in order:

Exxon: Due to being hit the hardest by the recent correction, if you buy now, I think you see 15-20% growth within 3-6 months to return to the mean, followed by steady, but slow growth with a great dividend.

BP: I like it almost as much as Exxon. It won't rise as fast as Exxon due to very little loss during the correction, but has great long term potential as it gets closer to its real value apart from the stain of the spill.


Shell: By far the worst of the 3 IMO. You missed the time to buy this by about a year and it is now pretty close to hitting a high point again.


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thegreatboudini
McNeese State Fan
Member since Oct 2008
4006 posts

re: oil stocks...which one would you buy for the long term and why
I recommend Anadarko. I work for a small service provider right now and without getting into too many details, the most sound operator I have come in contact with since being here is Anadarko and it is not even close.


tigerpawl
LSU Fan
Can't get there from here.
Member since Dec 2003
12125 posts

re: oil stocks...which one would you buy for the long term and why
PetroQuest (PQ) - solely on the basis of their plans to move into the Austin Chalk formation, Central Louisiana. Stock price is low.


thegreatboudini
McNeese State Fan
Member since Oct 2008
4006 posts

re: oil stocks...which one would you buy for the long term and why
Man, I'm not telling you what to do with your money, but have you followed PQ? I know a few folks close to them (went to grad school at ULL), and they won't be around in 2020.

If you want to bet on someone in the Chalk, bet on EOG.
This post was edited on 2/24 at 7:10 pm


Me4Heisman
USA Fan
Landmass
Member since Aug 2004
5482 posts

re: oil stocks...which one would you buy for the long term and why
PQ has also been drilling some huge CV wells in East Texas lately.


Iowa Golfer
Iowa Fan
Heaven
Member since Dec 2013
9344 posts

re: oil stocks...which one would you buy for the long term and why
I'd suggest CVX rather than XOM. Due to CVX having both upstream and downstream. My reasoning was illustrated during the oil down turn, and the fact XOM might be redcuing dividend, while CVX just made more money downstream, and continued on without hardly a blip.

I'm in the minority with this opinion, especially on this board. But if you go back and take a look at perfomance, stability and yield, I think it is pretty clear why I do what I do.


Iowa Golfer
Iowa Fan
Heaven
Member since Dec 2013
9344 posts

re: oil stocks...which one would you buy for the long term and why
LINK /

Some of the reason cited why CVX has outperformed XOM by 40% over the last decade, and will likley continue to do so, at least for the near term future.


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